The US has continued to invest in Chinese stocks.
According to a new report, China’s market capitalization has increased by more than 10% since last year.
The report, published by Bloomberg, also showed that China’s economy grew at a 7.3% annualized rate last year and has since been accelerating.
US stocks and companies invested more than $8.6 trillion in China, up from $6.8 trillion in 2020.
China is the second-largest economy in the world behind the United States, and its economy has been growing steadily in recent years.
The United States is the third-largest trading partner for China, and China has grown its market share in the United Kingdom, Germany and France.
It’s also becoming a significant economic player in the Asia-Pacific region.